From age $20$ to $40,$ Juan invests $$100$ per month in an

annuity that pays a $6\%$ interest rate compounded monthly.

Determine the accumulated amount in Juan's annuity after

$20$ years.

At age $40,$ Juan stops making monthly payments into his

annuity, but he keeps it in an account with an interest rate

of $6\%$ compounded monthly. Determine the amount Juan

has in his account $25$ years later when he retires at age $65.$

From age $40$ to $65,$ Sarah invests $$100$ per month in an

annuity that pays a $6\%$ interest rate compounded monthly.

Determine the accumulated amount in Sarah's annuity

after $25$ years.

Determine the total amount Juan invested during the $20$

years from age $20$ to $40.$

Determine the total amount Sarah invested during the $25$

years from age $40$ to $65.$

Which investor has more money from the investments

described here upon retirement? What have you learned in

this discussion about investing?

Discussion Directions:

From age $20$ to $40,$ Juan invests $$100$ per month in an

annuity that pays a $6\%$ interest rate compounded monthly.

Determine the accumulated amount in Juan's annuity after

$20$ years.

At age $40,$ Juan stops making monthly payments into his

annuity, but he keeps it in an account with an interest rate

of $6\%$ compounded monthly. Determine the amount Juan

has in his account $25$ years later when he retires at age $65.$

From age $40$ to $65,$ Sarah invests $$100$ per month in an

annuity that pays a $6\%$ interest rate compounded monthly.

Determine the accumulated amount in Sarah's annuity

after $25$ years.

Determine the total amount Juan invested during the $20$

years from age $20$ to $40.$

Determine the total amount Sarah invested during the $25$

years from age $40$ to $65.$

Which investor has more money from the investments

described here upon retirement? What have you learned in

this discussion about investing?

Discussion Directions: